For the record, the architect of that terror-futures-trading scheme was our old pal, Admiral Poindexter, resurrected from felony scapegoat status.
You raise an interesting question concerning the cause of an increase in insurance claims. I would add to the mix that, if indeed more people are getting insured that trend in itself may well be a consequence of an increase in risk, actual or perceived, from climate change. As for the increase in claims, if it is beyond the expected normal percentage, then something is definitely amiss. best to all, thor skov ------------------------------------------------------ Message: 13 Date: Sun, 04 Jan 2004 17:03:39 -0800 From: murdoch <[EMAIL PROTECTED]> Subject: Re: Re-insurer counts cost of global warming Your post reminds me of last year's controversy over the Pentagon or some intelligence community attempting to set up futures trading based on betting on terrorism and such events, the link being that if folks' money is on the line in a futures trading format, there is a track record to indicate (the reasoning goes) that such bets have predictive value over other prediction systems. In any event, in the case of insurance, I question if some of the rise in disaster costs corresponds, in part, to a rise in insurance use and not, in itself, to a rise in disasters. I.e., if more folks are paying for insurance and filing claims, then this, in itself, would not indicate a rise in warming-related-disasters. This is not to say there mightn't be a rise in disasters, only to question what other factors might also contribute to the rise in claims. Biofuel at Journey to Forever: http://journeytoforever.org/biofuel.html Biofuels list archives: http://archive.nnytech.net/index.php?list=biofuel Please do NOT send Unsubscribe messages to the list address. To unsubscribe, send an email to: [EMAIL PROTECTED] Yahoo! Groups Links To visit your group on the web, go to: http://groups.yahoo.com/group/biofuel/ To unsubscribe from this group, send an email to: [EMAIL PROTECTED] Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
